Financial Aid
FAQ
Go After Free Money First
Take advantage of scholarships, grants, and other programs which offer money that doesn't need to be paid back. Both federal and state governments have scholarships and grants, so it's recommended that you begin by applying for those before taking out loans.
Normal processing time to award aid is approximately two weeks after a student submits FAFSA® results and all required supporting documentation, such as tax transcripts, to the UACCM Financial Aid Office. During times when a high volume of FAFSA® results are received (July –September), it will most likely require more than two weeks to award aid. Students’ aid must be awarded at least one business day prior to charging in the UACCM Bookstore.
Priority Financial Aid Process Completion Deadlines
Applying for financial aid should be completed by the dates below in order to ensure your aid is available by the payment deadline:
- August 1 — To begin receiving aid in Fall
- November 12 — To begin receiving aid in Spring
- May 1 — To begin receiving aid in Summer
Students must reapply for the next academic year (fall to summer) prior to that fall semester.
Policies are in place to provide consistent decisions for student applications concerning special circumstances which may or may not affect the student's eligibility for federal or state financial aid.
Examples of special circumstances are as follows:
- Unusual medical and dental expenses (expenses which exceed 7.5% of Adjusted Gross Income)
- Support of extended family
- Private elementary and secondary school costs; child care and dependent care costs
- Unusual debts
- Income reduction or non-recurring income
- Divorce or death of parent
- Dependency status
NOTE: Documentation must be provided in all cases to be reviewed.
All cases will be reviewed by a financial aid counselor. To determine eligibility for special circumstances, contact your Financial Aid Director.